Re: Mortgage for L1 Visa holder
Originally Posted by deadshoppingmalls
(Post 12277051)
Well Tim Cook has a pretty modest 2BR in PA. I know that the Apple Store workers in PA (5 minutes walk from his house) live in terror of his weekly walk in to see how things are going :lol:
I'd think having the CEO of the company - who by all accounts is a reasonable and very decent person - come see you every week is a great way to get ahead in the company potentially! |
Re: Mortgage for L1 Visa holder
Originally Posted by hungryhorace
(Post 12277038)
Because the original statement made was that we should look past the British mindset that renting is dead money.
I've offered my opinion on that, as I believe if you're staying anywhere for >= 5 years, renting is literally throwing money away. |
Re: Mortgage for L1 Visa holder
Originally Posted by Giantaxe
(Post 12277076)
"Renting money" aka a mortgage can also be literally throwing money away. The calculation is more complex than you're portraying as many people have discovered to their cost in the last decade, i.e. cost of sale, maintenance, insurance and the fact that in many localities house prices can depreciate as well as appreciate.
I do know someone who bought a crappy apartment in a property boom, and how he's under water. He's awful with money mind. |
Re: Mortgage for L1 Visa holder
Originally Posted by hungryhorace
(Post 12277079)
I get that, but even if we were under in the first five years versus renting, that's something I would be totally fine with as we'd have (and do) a hugely better quality of life having our own home and mid to longer term it's absolutely the right thing financially to do.
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